SFL - DIVIDEND INFORMATION

Press release from Ship Finance International Limited - 29.08.2006

We refer to the second quarter report released on August 22, 2006. Ship Finance International Limited is trading ex-dividend of a cash dividend of $0.52 per share today August 29, 2006. The record date is August 31, 2006 and dividend will be paid/distributed on or about September 18, 2006.